Northwest Plan Services News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Employees allege the Tyson Foods plan committee did not monitor and negotiate for reasonable recordkeeper fees.

Exelon Corp. is being sued in federal court by seven 401(k) plan participants who allege the firm breached its ERISA fiduciary duties.

Raymond James Financial Acquires NWPS Raymond James Financial Inc. has reached an agreement to acquire NWPS Holdings Inc., which does business as NWPS and Northwest Plan Services. NWPS and Northwest Plan Services provide retirement plan administration, consulting, actuarial and administration services, and are based in Seattle, Washington. The transaction is expected to close before December 31. The addition of NWPS is meant to allow Raymond James to expand its retirement services offerings, including retirement plan administration services, to advisers and clients. The firm’s leadership sa...

Posted December 10th, 2020 for Raymond James ST. PETERSBURG, Fla. – Raymond James Financial, Inc. (NYSE: RJF) announced today that it has reached an agreement to acquire NWPS Holdings, Inc., doing business as NWPS and Northwest Plan Services, an independent provider of retirement plan administration, consulting, actuarial and administration services based in Seattle, Wash. The transaction is expected to close before Dec. 31, 2020. The addition of NWPS allows Raymond James to expand its retirement services offerings, including retirement plan administration services, to advisors...

Raymond James buys 401(k) plan provider NWPS In an unusual move, a broker-dealer is picking up a plan administrator December 10, 2020 2 MINS Raymond James has moved into retirement plan administration with its announcement Thursday that it is buying a consultant and record keeper that oversees $35 billion in plan assets. The broker-dealer is acquiring Seattle-based NWPS Holdings and expects to close the deal before year-end. The strategy runs counter to that of other broker-dealers. Very few have an associated plan administration business and some have offloaded such bus...